NYCB Faces Another Class Action Over CRE Challenges
NYCB Faces Another Class Action Over CRE Challenges <https://www.law360.com/newyork/articles/1797651?nl_pk=ac5a3855-e47c-4403-bee6-ca14f9bcf831&utm_source=newsletter&utm_medium=email&utm_campaign=newyork&utm_content=2024-02-15&read_main=1&nlsidx=0&nlaidx=21> By Brent Godwin A New York Community Bank investor has brought a proposed class action alleging that executives falsely boasted of the bank's financial condition after making two large acquisitions, when the deals in fact weighed down its balance sheet and led to a significant dividend reduction. Complaint attached | Read full article » <https://www.law360.com/newyork/articles/1797651?nl_pk=ac5a3855-e47c-4403-bee6-ca14f9bcf831&utm_source=newsletter&utm_medium=email&utm_campaign=newyork&utm_content=2024-02-15&read_more=1&nlsidx=0&nlaidx=21> | Save to favorites » <https://www.law360.com/newyork/articles/1797651?nl_pk=ac5a3855-e47c-4403-bee6-ca14f9bcf831&utm_source=newsletter&utm_medium=email&utm_campaign=newyork&utm_content=2024-02-15&read_later=1&nlsidx=0&nlaidx=21>
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Gunnar Larson